The caretaker cabinet proposes raising the minimum monthly salary to BGN 1,077 (EUR 550.66) as of January 1, 2025, from the current BGN 933 (EUR 477.04). The proposal is contained in a draft of a government decree which has been put up for public discussion.
The new minimum wage is determined in accordance with the provisions of the Labor Code and is set at 50% of the average gross wage for a period of 12 months. By law, the new minimum wage for the following year must be set by September 1 of the current year. Thus, from next year, the minimum hourly rate should increase to BGN 6.49 (EUR 3.32) from the current BGN 5.58 (EUR 2.85).
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